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UK regulator proposes hefty deposits for data centres seeking grid power

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The UK energy regulator has proposed charging data centres a deposit of between £237,500 and £712,500 per megawatt for new grid connections. The move is aimed at managing the surging demand for electricity driven by the rapid expansion of data centre infrastructure. Under the proposal, large facilities could face total deposit bills running into the hundreds of millions of pounds. The fees are intended to deter speculative applications and ensure only serious projects secure grid capacity. The policy targets upcoming projects rather than existing connections already in place.

Read the full story at BBC Tech

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